71 Pennsylvania Consolidated Statutes § 5951 - State Guarantee

§ 5951. State guarantee.

The required interest charges payable, the maintenance of reserves in the fund, and the payment of all annuities and other benefits granted by the board under the provisions of this part are hereby made obligations of the Commonwealth. All income, interest, and dividends derived from deposits and investments authorized by this part shall be used for the payment of the said obligations of the Commonwealth.

Section: Previous  5935  5936  5937  5938  5939  5940  5941  5951  5952  5953  5953.1  5953.2  5953.3  5953.4  5953.5  Next

Last modified: October 8, 2016